Bitcoin (BTC) accumulation is showing resurgence and has caused the supply of Bitcoin on crypto exchange Coinbase to hit a nine-year low and recapture the $70,000 threshold. On March 25, Bitcoin reached its highest point since March 15 as it recovered the $70,000 level, according to statistics from CoinMarketCap. In
March 26, 2024 1 min read
As part of its bankruptcy settlement, the now-defunct cryptocurrency exchange FTX is reportedly planning to sell its about $1 billion stake in artificial intelligence company Anthropic, as reported by CNBC on March 22. The report states that Anthropic is in the process of evaluating potential investors to buy the stake,
March 23, 2024 1 min read
Do Kwon, a co-founder of Terraform Labs, is being held in Montenegro by the Supreme Court, and has refused to extradite him to South Korea. The ruling was issued on March 22, after an aspirant’s argument that this process is outside the jurisdiction of lower courts. A motion challenging the
March 22, 2024 2 mins read
This past week, Bitcoin’s inherent volatility was on full display, thrusting it back into the spotlight. With all the ups and downs, Bitcoin’s price dropped 9% in the last week. At the time of writing, it is trading at $65,472. Despite Bitcoin’s slight recovery this week, the biggest cryptocurrency by
March 22, 2024 2 mins read
The court’s decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea was not accepted by Montenegrin prosecutors. Do Kwon was ordered to be extradited to South Korea two weeks ago by a high court in Podgorica, Montenegro. This decision overturned an earlier request by a different Montenegrin
March 22, 2024 2 mins read
Yet another exchange-traded fund (ETF), the VanEck spot Ethereum ETF, is seeing its decision date postponed by the U.S SEC. The government requested public feedback on the ETF and said in a document submitted on Wednesday that it would take until May 23, 2024 to make a decision. The SEC
March 21, 2024 1 min read
With the aim of establishing the first liquidity aggregator on Berachain, Ooga Booga announced a $1 million fundraising. The funds will be utilized to develop a whole range of sophisticated tools that will allow customers to easily execute swaps and get the best pricing. Bruno Wu and Kevin Liu co-founded
March 20, 2024 3 mins read
The date by which the U.S SEC will decide whether it will approve the Hashdex Nasdaq Ethereum exchange-traded fund has been postponed. Hashdex ETF will hold ether spot and futures contracts if authorized. The SEC has extended the deadline for its decision to May 30, 2024, according to a notice
March 20, 2024 2 mins read
In an effort to secure the release of the Binance executives currently jailed in Nigeria, officials from the Nigerian High Commission in Kenya were met with by the Blockchain Association of Kenya (BAK). Nadeem Anjarwalla is a member of the group and a colleague of Binance’s who is now detained
March 20, 2024 2 mins read
Binance has introduced a reward that may pay out between $100,000 and $5 million to anybody who comes forward with information on possible corruption or insider trading on the platform. Book of Meme (BOME), a meme coin based on Solana, was revealed to be listed on Binance on March 16.
March 19, 2024 1 min read
